Bill > SB184

This bill creates the "Transparent Responsible Use of State Tax-dollars (T.R.U.S.T.) Act", which establishes comprehensive requirements and guidelines for nongovernmental entities seeking state appropriations in Louisiana. The legislation mandates that entities provide detailed financial audits, a sworn statement of public purpose, and evidence that they perform a critical governmental function that state or local governments cannot. Nongovernmental entities must maintain a primary physical office in Louisiana, be registered as a nonprofit, have operated in the state for at least 12 months, and ensure administrative expenses do not exceed 15% of total expenditures. The bill requires entities to submit reports with measurable outcomes within six months after the fiscal year, detailing the impact of their funded activities. Entities that fail to comply or submit false information may face civil penalties, potential fund clawback, and disqualification from future appropriations for five years. Additionally, the bill prohibits public officials or their immediate family members from serving in decision-making roles in funded entities, restricts the use of state funds for lobbying, mandates annual reporting by the state treasurer, and limits state appropriations to a maximum of three consecutive years without a performance review. The legislation aims to enhance transparency, accountability, and responsible use of state tax dollars when funding nongovernmental organizations.

Budget and Finance

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=SB184&sbi=y